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Accountants and finance professionals now more optimistic about global economy

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Business Africa

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.
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Accountants and finance professionals are more optimistic about the global economy than in nearly two years, according to the latest Association of Chartered Certified Accountants (ACCA) and Institute of Management Accountants (IMA) Global Economic Conditions Survey. Confidence has moderately increased, with indices for New Orders and Employment slightly surpassing their averages, signaling a positive economic trajectory. In Africa, while Confidence Index showed a slight improvement in the first quarter, Capital Expenditure and Employment indices witnessed significant declines, posing challenges despite moderate growth in new orders. For more on this, Thami Ngubeni spoke to Portia Mkhabela from ACCA...

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